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Dec 2, 2013
12/13
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frankly a lower flatter tax for americans is good. believe in appen to an earned income tax credit. that could accompany it. it's one way. we had the largest tax cut in the united states in the last budget. we -- we have earned income tax credits. refundable. it helps people. that's a reagan philosophy. help them both ways. so with carried interest. i haven't spent enough time it.nking about it should be on the table. at the end of the day, let's not up omething that gums venture capital that's creating the 24th century businesses. let's be careful about that. is a question about popularity. conservatism and populism and marrying those two things together. i'll keep going, to rick's dad, my dad, john's day. of people just think, wall 16,000 the dow over people losing, seeming every further and further behind. too big to fail, bigger to fail, bigger than before. there are a lot of conservatives with a small c out there that conservative populist talking about this issue, talking about breaking up banks. why are -- why do we keep to move bad behavior forward and rewarding bad behavior
frankly a lower flatter tax for americans is good. believe in appen to an earned income tax credit. that could accompany it. it's one way. we had the largest tax cut in the united states in the last budget. we -- we have earned income tax credits. refundable. it helps people. that's a reagan philosophy. help them both ways. so with carried interest. i haven't spent enough time it.nking about it should be on the table. at the end of the day, let's not up omething that gums venture capital that's...
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Dec 5, 2013
12/13
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to set some spending so we can have regular order, to change some of the sequester , and no big, new taxes. no big changes in entitlements. --s that just sound like does that gist semi-something the president can work with? >> you need to see the specifics. the democrats are pretty unified in terms of the things that are most important. one of the most important things , which will be a framing concept of what you accept, we of the at this stage economic recovery, we are recovering. we are getting there. we want to have this agreement be a part of what can further support economic growth and job creation. sequester, replace which are cuts to discretionary , replace that with longer-term issues. we maintain deficit reduction in , but for right now, what we need now is a little more that. that is one of the most important parameters. >> one of your most important priorities is -- >> replacement of the sequester. cuts across the board. the sequester was a tool that was put in lace -- it was a threat. -- put in place. it was a threat. we are in a situation where both republicans and democrats
to set some spending so we can have regular order, to change some of the sequester , and no big, new taxes. no big changes in entitlements. --s that just sound like does that gist semi-something the president can work with? >> you need to see the specifics. the democrats are pretty unified in terms of the things that are most important. one of the most important things , which will be a framing concept of what you accept, we of the at this stage economic recovery, we are recovering. we...
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Dec 4, 2013
12/13
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it seems to me that he has the authority to amend the taxes which the affordable healthcare tax is according to the supreme court what is to prevent him from just amending the any tax to his liking. mr. turley weigh in on this if you would. >> i have to agree first of all oon the remark about article on, as i said before it is true that they are all equal branches, but the framers spent most of their time on congress because it is something harder than the madisonian system. it's where the magic happens and that is to take those interests that the strike countries and turned them into a majoritarian compromise. when we get to the issue of taxes, that is one of the most divisive issues facing the country. so when someone comes before the congress and says i want my group to be excluded, it obviously produces a great deal of heat. some people say how about my group, how long should this apply? it is the most divisive issue raised in congress and that is why it was given to the congress so that type of issue would be subject to the transformative process of the legislation. >> so do you belief
it seems to me that he has the authority to amend the taxes which the affordable healthcare tax is according to the supreme court what is to prevent him from just amending the any tax to his liking. mr. turley weigh in on this if you would. >> i have to agree first of all oon the remark about article on, as i said before it is true that they are all equal branches, but the framers spent most of their time on congress because it is something harder than the madisonian system. it's where...
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Dec 5, 2013
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the facts on the ground are that in recent years the gap between the premiums into payroll taxes going in is $300 billion. >> that is a cash flow deficit. we get 10,000 beneficiaries every day and the absence of general reform that allow people to get the care that they need and deserve and abby slover cost growth it will fall under its own financial weight. >> for the secretary to affirm, $500 billion that isn't really chump change in the big picture of health care costs. i am getting comments from constituents in the district who medicare advantage folks now their benefits are being reduced. they are losing access to their preferred physicians. this is under the current system now. my question is how much worse can this get for my seniors who opt out for medicare advantage? again if the strategy for controlling costs is a traditional one of just cutting the provider members and whether its doctors, hospitals, it will backfire. that approach without reform that gives you the prevention and coordination and the better care congress ends up having to put the money back in because you ha
the facts on the ground are that in recent years the gap between the premiums into payroll taxes going in is $300 billion. >> that is a cash flow deficit. we get 10,000 beneficiaries every day and the absence of general reform that allow people to get the care that they need and deserve and abby slover cost growth it will fall under its own financial weight. >> for the secretary to affirm, $500 billion that isn't really chump change in the big picture of health care costs. i am...
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Dec 4, 2013
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because they will trigger taxes, tax penalties on employers and individuals in those 34 states that have refused to establish an exchange and a number of those employers and individuals, including two state attorneys general, 15 indiana school districts and a dozen more private employers and private citizens have filed suit. four different lawsuits. in fact one of them will have oral arguments this afternoon in washington, d.c. there is judicial remedy for some of these abuses. >> chair now recognizes the gentleman from new york. mr. nadler. >> thank you, mr. chairman. professor rosenkranz has written in the "wall street journal" an oped piece abraham lincoln would not approve. that you comment on that, lincoln would disapprove? >> i read that article with some amusement, i have to say, professor rosenkranz. i think that president lincoln would chuckle at the notion that there is an equation between suspending the writ of habeyuss corps us with a temporary delay in the implementation of regulation that is part of a very complex new law, which is something that happens under all admi
because they will trigger taxes, tax penalties on employers and individuals in those 34 states that have refused to establish an exchange and a number of those employers and individuals, including two state attorneys general, 15 indiana school districts and a dozen more private employers and private citizens have filed suit. four different lawsuits. in fact one of them will have oral arguments this afternoon in washington, d.c. there is judicial remedy for some of these abuses. >> chair...
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Dec 3, 2013
12/13
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we would suggest doing that with respect to a number of higher education programs, loans, grants, tax benefits outside of the program. outside of the unsubsidized ones delivering that money to the states, then what's the states do what they think is best in order to achieve the type of outcome that they have in indiana. imagine being able to say to an eighth-grade student if you work hard in high school would guarantee that you can go to a four year -- you can go to a college -- you can go to a public college of your choice with your state at the very least without incurring any new debt. that type of promise as possible. students that have the talent and the desire to drive the postsecondary education should be able to do so without being hindered by the inability to pay. that was the vision 40 years ago. i still think that it's right to do. >> thank you mr. dannenberg. mr. heath coming you are recognized for five minutes. >> chairwoman fox, ranking member hinojosa and members of the committee. i'm pleased to be here today to present his testimony on behalf of my institution. on beha
we would suggest doing that with respect to a number of higher education programs, loans, grants, tax benefits outside of the program. outside of the unsubsidized ones delivering that money to the states, then what's the states do what they think is best in order to achieve the type of outcome that they have in indiana. imagine being able to say to an eighth-grade student if you work hard in high school would guarantee that you can go to a four year -- you can go to a college -- you can go to a...
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Dec 3, 2013
12/13
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because those tax credits will trigger tax penalties on employers and individuals in those 34 states that have established the exchange and a number of those employers and individuals including the two states attorneys general in the 15 indiana school districts and a dozen or more private employers and private citizens have filed suit. one of them will have disasters that here in washington dc said there is a remedy for some of these abuses. >> thank you director. i yield back. >> thank you mr. chairman. mr. lazarus, professor rosenkranz has written in "the wall street journal" op-ed pieces abraham lincoln wouldn't approve of the delay and the employer mandate and can extend the habeas corpus. can you comment on the claim that they would disapprove and what about the conscientious decision of habeas corpus by lincoln? >> i read it up with some amusement. i think president lincoln would chuckle between suspending the writ of habeas corpus and the most fundamental guarantee freedom in the whole system is a temporary delay in the implementation of regulation as a part of a very complex
because those tax credits will trigger tax penalties on employers and individuals in those 34 states that have established the exchange and a number of those employers and individuals including the two states attorneys general in the 15 indiana school districts and a dozen or more private employers and private citizens have filed suit. one of them will have disasters that here in washington dc said there is a remedy for some of these abuses. >> thank you director. i yield back. >>...
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Dec 5, 2013
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and then my plan was to have to and havemy retirement 30% of that tax, and then taxed again. and just pray that my tenacity would get me there. ,he a and -- the anxiety level i cannot even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. does to you emotionally and psychologically, you feel like hester prynne with you areer a when jobless for very long. you soon become a member of the lost world. people look at you when you do not have a job yet like there is something wrong with you. that is where i have been. >> thank you. [indiscernible] you, madam chair. i have no questions, but i would like to let you all know that it is for a timeframe about three months i was unemployed. this was back many years ago. school -- it was summer break. i mean, i'm used to working. but i could not find a job that summer. the whole summer. i'm sure that your feelings about being unemployed and searching for work and being unable to find anything, you know, the effect that has o
and then my plan was to have to and havemy retirement 30% of that tax, and then taxed again. and just pray that my tenacity would get me there. ,he a and -- the anxiety level i cannot even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. does to you emotionally and psychologically, you feel like hester prynne with you areer a when jobless for very long. you soon become a member...
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Dec 6, 2013
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dodd-frank prohibits the use of tax dollars. useequires that we will and the tools that the law provides. the largest financial companies have already submitted living wills or blueprints for how to unwind firms if they fail. regulators will require firms to rework these plans if they are not credible. if firms are not able to provide a credible plan, regulators can impose remedies, including requiring firms to divest or realign their businesses. -- realtors have ade clear -- and they are continuing to develop strategies and guidance for resolving major institutions with minimum disruption to the financial system. there is still more work to do, particularly to make sure that international rules mess with our own sins, as we know too well, financial crises do not respect national borders. while we will not know how well these tools work for certain until they are tested by a true crisis, several things are clear. dodd-frank ended too big to fail as a matter of law. tough rules are now in place to make sure that banks have the ca
dodd-frank prohibits the use of tax dollars. useequires that we will and the tools that the law provides. the largest financial companies have already submitted living wills or blueprints for how to unwind firms if they fail. regulators will require firms to rework these plans if they are not credible. if firms are not able to provide a credible plan, regulators can impose remedies, including requiring firms to divest or realign their businesses. -- realtors have ade clear -- and they are...
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Dec 5, 2013
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this tax credit was designed to kickstart renewables. and yet, it lives on despite wind up being a major part of the great. at least 12% in my home state of texas capacity coming from wind. but some markets have seen quoted in quote prices as though negative $41. per megawatt hour as operators get the credit and run whether power is needed or not. now granted, that's an extreme example but they can sell for a loss and taxpayers make them whole. that moves markets. back home our lack of new power construction in texas, our public utility commissioner, chairwoman nelson have said, this is a quote, the market distortions caused by renewable energy incentives are one of the primary causes, the distortion makes it difficult for other generation text recover the costs and discourages investment in new generation. and while the ptc isn't the only driver of market distortions, it is a significant force. so start with you, comissioner moeller, do you agree incentives for renewables distort markets? >> congressman, i think all subsidies distort ma
this tax credit was designed to kickstart renewables. and yet, it lives on despite wind up being a major part of the great. at least 12% in my home state of texas capacity coming from wind. but some markets have seen quoted in quote prices as though negative $41. per megawatt hour as operators get the credit and run whether power is needed or not. now granted, that's an extreme example but they can sell for a loss and taxpayers make them whole. that moves markets. back home our lack of new...
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Dec 9, 2013
12/13
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the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a deficit. able toecurity is receive sufficient funding by cashing in the bonds it has in that is anund, but expense to the treasury which has to come up with the money to cover those bond payments into social security. the bottom line is it is part of the federal budget. we have not privatized the system. the money is accounted for separately. the government is not going to default on the money it owes to social security or to the medicare part a trust fund. host: bob is on our line for and dependents. -- for independents. calle
the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a...
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Dec 5, 2013
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the third, the implications of 1 tax that will affect many ma plans and further act as pressure on the ability to provide benefits. the fourth, the recent provideent that cms changes for medicare advantage plans. the result of the changes are inevitable. the first will be fewer plans. from 60 to 140 fewer plans and 2014. there are reports of 10,000 cancellation notices in ohio. 50,000 in new jersey. these all represent further the pledge that if you like your health insurance, you can keep it under the affordable care act. by 2019 when the cuts are fully implemented. and these reductions are disproportionately borne by low-income americans. estimates are 75% of the impact hit to those making less than $34,200. the next step for the plans that do survive is to pass along these reductions in the form of either higher cost sharing or benefits or more limited networks that provide benefits with fewer choices. these are not the voluntary decisions of insurers. they are the consequence of the law that limits their ability to provide options to beneficiari beneficiaries. going forward, i woul
the third, the implications of 1 tax that will affect many ma plans and further act as pressure on the ability to provide benefits. the fourth, the recent provideent that cms changes for medicare advantage plans. the result of the changes are inevitable. the first will be fewer plans. from 60 to 140 fewer plans and 2014. there are reports of 10,000 cancellation notices in ohio. 50,000 in new jersey. these all represent further the pledge that if you like your health insurance, you can keep it...
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Dec 7, 2013
12/13
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we take a look at tax rates. it is congress that appears to allow a certain batch of temporary tax breaks to last at the end of 2013. ray from oklahoma city oklahoma, you are up next. are you there? good morning, you are on. i was calling about -- our man is going to make mistakes. the problem with the world, it does not have anything to do with obama. we have taken god out of everything he is doing. the next thing, minimum wage. i talked to a lot of people atut minimum wage at 7:25 -- $7.25 an hour. people say if you raise minimum wage, the influence will go up. everything else is already going up except minimum wage. years taken almost four to get it to seven dollars $.25. i am 61 years old, i am retired, and i have four kids. i have kids working for memo wage. they got student loans to pay back. journal"ll street talking about unemployment benefits in several stories, set to expire on september 28. several democrats are pushing for a vote to extend the benefits. house democrats propose renewing the program for
we take a look at tax rates. it is congress that appears to allow a certain batch of temporary tax breaks to last at the end of 2013. ray from oklahoma city oklahoma, you are up next. are you there? good morning, you are on. i was calling about -- our man is going to make mistakes. the problem with the world, it does not have anything to do with obama. we have taken god out of everything he is doing. the next thing, minimum wage. i talked to a lot of people atut minimum wage at 7:25 -- $7.25 an...
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Dec 4, 2013
12/13
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people who are here -- this is a tax. he cannot change tax laws. i wish she would bring that truck driver agreement and when he signed it into law and throughat up immigration and stuff like that. give the american people a voice. the house judiciary committee held a hearing recovered -- we about the president and executive power, republicans siding that he change the health power andy executive that he has done the same on other issues. that,'re interested in you can go to our website c- span.org and you can see it there. we covered that hearing yesterday. that policyying differences don't constitute a constitutional crisis. that was their opinion of yesterday's hearing. in ohio.to ed republican. caller: good morning. of course people should be fired. from the head of the fish to the bottom. there is a pattern in this whole administration. it is nonstop. denial, denial, deny -- they are --yal to ridiculously that would be the last person he would fire. people keep forgetting all of these little things they slipped in. he is very bright. he came in
people who are here -- this is a tax. he cannot change tax laws. i wish she would bring that truck driver agreement and when he signed it into law and throughat up immigration and stuff like that. give the american people a voice. the house judiciary committee held a hearing recovered -- we about the president and executive power, republicans siding that he change the health power andy executive that he has done the same on other issues. that,'re interested in you can go to our website c-...
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Dec 8, 2013
12/13
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we still have to pay federal income tax on that. they say these people will stay on unemployment and not look for work. unemployment does not pay that much. it is not like you are collecting $1000 a week. it is only like $371 a week with sequestration. it is a good thing my wife works full time. for long-term unemployment, it is not much. unemployment does not last long. i would like your guest to comment on that. guest: there is no doubt unemployment does not replace the income of the job. i think it does speak to the fact that american families are having to readjust their lifestyle and get by with less. when they do take a job, taking $20 an hourom a job. hopefully unemployment gives them time to find the best job for their families. ideologically on the other side, some people say there would be a sense of urgency when benefits run out. host: let me go through the breakdown of the numbers based on gender and race. the overall unemployment rate for white males is 6.7%. teenagers, nearly 21%. whites overall at 6.2%. atican-america
we still have to pay federal income tax on that. they say these people will stay on unemployment and not look for work. unemployment does not pay that much. it is not like you are collecting $1000 a week. it is only like $371 a week with sequestration. it is a good thing my wife works full time. for long-term unemployment, it is not much. unemployment does not last long. i would like your guest to comment on that. guest: there is no doubt unemployment does not replace the income of the job. i...
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Dec 3, 2013
12/13
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that is something that congress is currently weighing is whether to tax financial transactions. it does not have a lot of support, so i do not see that happening anytime soon. europe is a little bit different, they have actually imposed some trading taxes, which has been to the chagrin of the banks. host: peter, on the republican line/ . caller: let's get the history state on what happened during the financial crisis. during the 1990s there was a lot of pressure by the minority groups to increase the amount of affordable housing. so the clinton administration developed the public private partnership to get banks to create more loads for low income people. that calls --was caused a mandate on fannie and freddie to purchase subprime mortgages. they had increased the mandate 110% to 55% of her juices of sub i mortgages. -- purchases of subprime mortgages. he continued that public-private partnership that clinton had , upblished the which after to 2007 and 2008, the number of those mortgages were so great that caused the financial collapse. the government gave the green light to wal
that is something that congress is currently weighing is whether to tax financial transactions. it does not have a lot of support, so i do not see that happening anytime soon. europe is a little bit different, they have actually imposed some trading taxes, which has been to the chagrin of the banks. host: peter, on the republican line/ . caller: let's get the history state on what happened during the financial crisis. during the 1990s there was a lot of pressure by the minority groups to...
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Dec 2, 2013
12/13
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it notes expiring tax provisions , that more than 60 tax provisions are set to expire at year's end. also on thatalso on that my to-s the medicare reimbursement for doc there's. --for doctors. this first session of the hundred 13th congress passing under -- enacting just under 60 pieces of legislation. carl is up from kansas city, missouri on our lines for democrats. good morning. i am a liberal democrat from kansas city, missouri and i want to say a couple of things real quick. the media has gotten 80% of -- 40% of americans think he is a communist from kenya. and obama is a moderate republican. he is lower taxes for the very rich when they were supposed to be temporary. but because of clinton's surplus they have extended that. he got caught in an economic bind and he helped out the bankers. what he is doing with the insurance company are trying to do is trying to use free enterprise to regulate and turn the insurance companies who, by andway, are scam artists, turned them into a regulated utility and set some rules for the game and all the subsidies are going to the insurance compa
it notes expiring tax provisions , that more than 60 tax provisions are set to expire at year's end. also on thatalso on that my to-s the medicare reimbursement for doc there's. --for doctors. this first session of the hundred 13th congress passing under -- enacting just under 60 pieces of legislation. carl is up from kansas city, missouri on our lines for democrats. good morning. i am a liberal democrat from kansas city, missouri and i want to say a couple of things real quick. the media has...
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when you have a rebate, do you get charged tax on the original or discounted price? is it worth it to get the l.e.d. holiday rights instead of the traditional ones? time for ask liz. the first question comes from e-mail and emily is wondering, liz, if the popular poinsettia plant is actually toxic to her pets? >> we found your answer at the american society for the prevention of cruelty to animals. the poinsettia plants are not. the deadly flower's legend has them to be. it doesn't mean you want your pets to eat them. consuming poinsettia's may cause mild gastrointestinal problems. keeping it out of your pets reach is a good idea. >>> the next question is from ralph. he's been out holiday shopping, bought a tv that came with an instant rebate. the store charged him a sales tax on the original price of the tv instead of the discounted price. he's wondering why? >> why is that? the comptroller of maryland said the tax you pay is based on the type of coupon or rebate you use. typically, if you use a manufacturer's rebate, pay the sales tax on the price before the discou
when you have a rebate, do you get charged tax on the original or discounted price? is it worth it to get the l.e.d. holiday rights instead of the traditional ones? time for ask liz. the first question comes from e-mail and emily is wondering, liz, if the popular poinsettia plant is actually toxic to her pets? >> we found your answer at the american society for the prevention of cruelty to animals. the poinsettia plants are not. the deadly flower's legend has them to be. it doesn't mean...
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Dec 5, 2013
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immigrants contribute to our economy through taxes, state and local taxes paid in 2010 alone by households headed by undocumented immigrants was over $11 billion. and this is according to the institute for taxation and economic policy. undocumented immigrants contributed as much as $ billion in payroll taxes to the social security program in 2010. but only took $1 billion in benefits. creating a net positive effect on our social security system. to benefit americans. and this is according to the social security administration. despite their contributions, immigrants face exploitation and significant barriers to advancement. and again, that's not the america we should feel proud of. we have an opportunity to pass comprehensive immigration reform in this great country on this floor. all we need is the opportunity to put a bill up for a vote. and i believe that the majority of members of this house will do the righteous thing, the right thing, and welcome those immigrants and integrate them into our system and we will see the economy of the united states of america flourish once again like we
immigrants contribute to our economy through taxes, state and local taxes paid in 2010 alone by households headed by undocumented immigrants was over $11 billion. and this is according to the institute for taxation and economic policy. undocumented immigrants contributed as much as $ billion in payroll taxes to the social security program in 2010. but only took $1 billion in benefits. creating a net positive effect on our social security system. to benefit americans. and this is according to...
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if you talk about a waste gap in this country and they are taxing the heck out of the upper end of that another allows all votes to flow. so where have they been and when have you started caring? and just remember this, you can't raise the wage of quality anymore than that. and let us also remember that it is only a small price of that is paid at the minimum wage level. before they advance in before in their good work leads to good things and better pay. not governments and unions. whining about injustice only works if you are seeking justice welcome to our guests. these individuals don't like the wages and easier said than done. >> we have millions of americans out of work. i'm sure that they would love to have these jobs that the fast food workers don't. obamacare is already killing jobs and you have employers say that i'm not going to hire because i can't afford to pay health insurance and wages for 50 plus employees, and like you said, you know, it really harms minorities, blacks and hispanics get harmed because we always have higher unemployment rates. and doubling the minimum wage
if you talk about a waste gap in this country and they are taxing the heck out of the upper end of that another allows all votes to flow. so where have they been and when have you started caring? and just remember this, you can't raise the wage of quality anymore than that. and let us also remember that it is only a small price of that is paid at the minimum wage level. before they advance in before in their good work leads to good things and better pay. not governments and unions. whining...
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Dec 8, 2013
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corporate income tax is 35%. economic enterprise zones would expedite these visas for people who have $50,000. let them come to our country. i don't think you want a handout. just look at your history of innovation. look at the proud history of detroit. look at henry ford who not only produced a car that his assembly line men and women could afford to buy, he also shortened the workweek and increased wages. we were the industrial giant of the world. detroit was the greatness of america. government didn't do this. you did this. government didn't discover and create motown greats like smoky robinson or diana ross. today doesn't need to be any different. we need to look at ourselves, look in the mirror and allow ours the freedom to create and innovate. you have leaders like this. think of dan gilbert of quicken loans that are pouring their hearts and souls and money into detroit. quicken loans has spent more than $1 billion in detroit over the last few years and moved 3600 employees into the city. creating thousands
corporate income tax is 35%. economic enterprise zones would expedite these visas for people who have $50,000. let them come to our country. i don't think you want a handout. just look at your history of innovation. look at the proud history of detroit. look at henry ford who not only produced a car that his assembly line men and women could afford to buy, he also shortened the workweek and increased wages. we were the industrial giant of the world. detroit was the greatness of america....
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Dec 8, 2013
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he said lower the tax rate dramatically, 5% corporate and individual tax rate. school choice, education tax credits. various provisions to make it easier for people to invest in the inner city. he said, look, we tried government solutions. they haven't worked. so let's try market-based solutions, and that's his answer to a lot of these issues. i have to tell you, a steep road they have to climb. in detroit, for instance, in 2012, obama got 97% of the vote. mitt romney, 2%. >> does he actually believe the unemployment number? you know, there's been some speculation that it doesn't really accurately reflect what the situation is in our country? >> well, he points out the fact that for blacks, the unemployment rate is roughly double what it is for whites. and you know, regardless of what the statistics are, he understands there's a serious unemployment problem around the country but especially with minorities in the inner cities. he's saying that the typical liberal democratic solution is not the right way to go, that you need to go market-based and try something e
he said lower the tax rate dramatically, 5% corporate and individual tax rate. school choice, education tax credits. various provisions to make it easier for people to invest in the inner city. he said, look, we tried government solutions. they haven't worked. so let's try market-based solutions, and that's his answer to a lot of these issues. i have to tell you, a steep road they have to climb. in detroit, for instance, in 2012, obama got 97% of the vote. mitt romney, 2%. >> does he...
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Dec 4, 2013
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so right now it's mild. 53 rockville. 52 in reston and 55 fair tax. this is kyle -- fairfax. this is quite a deal. 53 college park and even 56 in waldorf. okay, so mild tonight. mainly dry. you may see a couple of showers but primarily after midnight. and then mild at the bus stop. 48 to 54. that's a good deal. and then the 60s roll in tomorrow. we're talking -- we're not talking about low 60s we're talking about mid- to upper 60s and well into the 60s everybody tomorrow and then a wet finish to the week. and weave had showers in all week but i think friday would be good day to actually take your umbrella. enough showers to warrant that. for tonight, mostly cloudy. quite mild. shower possible. low only around 50 and winds out of the south at around 10 and maybe some upper 40s in the 'burbs but either side of 50. certainly downtown. 60 by 11:00. and low 60s by 1:00. next three days, still mild on friday. good news. bad news some showers and some light rain. 60. maybe a morning shower on saturday. then colder. only in the 40s on saturday. that will set the stage for what is not
so right now it's mild. 53 rockville. 52 in reston and 55 fair tax. this is kyle -- fairfax. this is quite a deal. 53 college park and even 56 in waldorf. okay, so mild tonight. mainly dry. you may see a couple of showers but primarily after midnight. and then mild at the bus stop. 48 to 54. that's a good deal. and then the 60s roll in tomorrow. we're talking -- we're not talking about low 60s we're talking about mid- to upper 60s and well into the 60s everybody tomorrow and then a wet finish...
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Dec 7, 2013
12/13
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we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get underway. it will treat you like an adult. it will treat everyone equally under the law, it will help parents control their children's future and their education, it will help creators have more jobs for workers. it will treat you the same way everyone else, the matter the color of your skin, what part of town you comfort. we have tried the bailouts, excessive taxation. it has not worked. it does not work. we will try a new approach. you can meet your new challenges as you rebuild your cities, it will endure and prevail. i promise you that i will work you do we do that. thank you very much. [applause] >> it is my job to sort hundreds of questions and tried to get
we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get underway. it will treat you like an adult. it will treat everyone equally under the law, it will help parents control...
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Dec 3, 2013
12/13
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CSPAN2
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what is really going on and what will push a lot of this is that we are very dependent on property taxes so beyond the education cost-sharing dollars that the state distributes everything else is basically tied to local property taxes. those bases aren't growing anymore so p. shuler -- people are forced to work together and i think the folks that will leave this discussion are actually in the communities right now looking at how do you continue to support education when your list is not growing. it will drive innovation. >> as far as funding for education over say the next five years doesn't look like it's going to be flat or will it be down or will it be a? >> i think it's a little early to tell. this is the slowest recovery from a recession in the post world war ii era and i am visiting you here in washington but the folks in washington seem to put the brakes on the economy every six months or so. or even more often than not. they are not helping and with first act to growth in the economy. i think that americans will put more money into education and the economy is doing better or whe
what is really going on and what will push a lot of this is that we are very dependent on property taxes so beyond the education cost-sharing dollars that the state distributes everything else is basically tied to local property taxes. those bases aren't growing anymore so p. shuler -- people are forced to work together and i think the folks that will leave this discussion are actually in the communities right now looking at how do you continue to support education when your list is not...
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Dec 6, 2013
12/13
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CSPAN
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revenue that are not new taxes. we will see discussions about moving forward to get them over the last little bit. pelosi is insisting unemployment benefits need to be part of the discussion. >> the extension has allowed people to receive benefits for 18 months and expires the week after christmas. pelosi wanted to see that extended another year. it is pressing very hard for . speaker boehner has left the door open and said he would be open to having another extension. there are no real repercussions immediately. they will have defined some other way to keep government funded. they could reach a deal next week, like a race between the farm bill and a budget committee and conference committee trying to get something done. it will take a lot to bring people together to try to find the votes necessary to pass it. >> just before the thanksgiving break, the senate was working on the defense authorization bill. our those going? >> they thought they were going to vote in the senate. it could drag into the new year. >> with
revenue that are not new taxes. we will see discussions about moving forward to get them over the last little bit. pelosi is insisting unemployment benefits need to be part of the discussion. >> the extension has allowed people to receive benefits for 18 months and expires the week after christmas. pelosi wanted to see that extended another year. it is pressing very hard for . speaker boehner has left the door open and said he would be open to having another extension. there are no real...
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Dec 10, 2013
12/13
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to a flath regard tax, we must reform the tax code. we are letting wealthy people get off the hook by sending the money overseas. we saw a presidential candidate do that in the last election. that is not fair. somebody making several million dollars a year would be paying the same rate as somebody that is digging a ditch for $10 an hour. that is not fair. clearly we need to simplify the loopholeso end the that allow corporations -- some corporations pay no tax at all. that is wrong. individuals can avoid taxes with loopholes and schemes. all of that should end. part of the responsibility is to help pay for the nation in a fair and appropriate way. we have a huge public campaign finance reform. we have secret money in terms of hundreds of billions of dollars. it is clearly corrupting the process. the supreme court's decision made it difficult to pass any ind of legislation except t so that disclosure people know what to expect. the internal revenue service is looking at it regulation that is being abused and this is the 501c4 regulation
to a flath regard tax, we must reform the tax code. we are letting wealthy people get off the hook by sending the money overseas. we saw a presidential candidate do that in the last election. that is not fair. somebody making several million dollars a year would be paying the same rate as somebody that is digging a ditch for $10 an hour. that is not fair. clearly we need to simplify the loopholeso end the that allow corporations -- some corporations pay no tax at all. that is wrong. individuals...
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Dec 8, 2013
12/13
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these are down to $16,000 when you include federal tax credits. the government encourages you. >> tell us about those? is it worth it to do it for the tax credit? >> it's a good deal. average price is $30,000. you can't go very far on it, not happy in it. i haven't ridden in it. i'm just talking about what consumer reports said. >> you would class it up. >> i would pimp that ride, absolutely. >> what are car manufacturers thinking? is this a big bottom line boost for them or will they back off because they are not earning money on them? >> they are really cutting into their margins. they are doing that because there's no other way to move these things off the lot. again, a lot has to do with gas prices. once they go up we see more demand. prices for other cars are going up. in one month from october to november, on average 3%, 1.1% year over year. these drastic price cuts could get them off the lot. >> would be nice to get into a tesla. >> it's a pretty car. >> as far as the gas prices you're talking about, the gas taxes are going up? >> they coul
these are down to $16,000 when you include federal tax credits. the government encourages you. >> tell us about those? is it worth it to do it for the tax credit? >> it's a good deal. average price is $30,000. you can't go very far on it, not happy in it. i haven't ridden in it. i'm just talking about what consumer reports said. >> you would class it up. >> i would pimp that ride, absolutely. >> what are car manufacturers thinking? is this a big bottom line boost...
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Dec 6, 2013
12/13
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and then taxed again and just pray that my tenacity would get me there. the anxiety level, i can't even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. what it does to you emotionally and psychologically, you feel like hester prenn with the letter "a" when you're jobless very long. you soon become a member of the lost world. people look at you when you don't have a job yet like there's something wrong with you. that's where i would have been. >> thank you. >> i have no questions, but i would like to let you all know that for a period of about three months, i was unemployed -- this was back many years ago. it was really during, between school -- it was summer break. i'm used to working and i could not find a job that summer, the whole summer. i can't tell you how -- i can tell you but i'm sure your feelings about being unemployed and searching for work and being unable to find anything, the effect that has on you mentally is just very -- yo
and then taxed again and just pray that my tenacity would get me there. the anxiety level, i can't even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. what it does to you emotionally and psychologically, you feel like hester prenn with the letter "a" when you're jobless very long. you soon become a member of the lost world. people look at you when you don't have a job...
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we are going to see again and again a tax on obama care. they have more political power as you implied because the rollout has been so terrible. even though things are better today, 300,000 people went on the site. we watched a man in d.c. try to do it and he got a screen saying sorry, we are really busy. it's not what you are supposed to be seeing on december 2nd. back to you. >> thanks, steve. >>> a new lottery system began for food truck operators. popular spots are being reserved through a lottery. district officials say the goal is to help control eight of the most sought after locations. now the vendors can keep their spot for 30 days, then it's up for grabs, again. >> the benefits now of food trucks are going to come to customers and, you know, the city is going to recognize tax revenue and permanent revenue. it worked out well with respect to the restaurants as well. we are pleased th ed that it's happened the way it has. >> trucks that don't participate in the latry can still sell food but have to stay away from these designations.
we are going to see again and again a tax on obama care. they have more political power as you implied because the rollout has been so terrible. even though things are better today, 300,000 people went on the site. we watched a man in d.c. try to do it and he got a screen saying sorry, we are really busy. it's not what you are supposed to be seeing on december 2nd. back to you. >> thanks, steve. >>> a new lottery system began for food truck operators. popular spots are being...
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Dec 3, 2013
12/13
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tax money to buy american-made. think back on jefferson who told his treasury secretary, give me a plan for the next century. the 18 hub's -- the 1800's. an economic development plan. and teddy roosevelt and then franklin roosevelt. eisenhower. men of vision, leaders of vision that were willing to step forward, willing to use the resources of this nation, collecting those resources and dispensing those resources across the nation, to build the foundation for economic growth. the make it in america agenda is available to us today. that agenda is a trade policy that protects american industry. not a free trade that gives it away, but a fair trade policy that protects american industry , a tax policy that encourages economic growth here in the united states. that rewards corporations for bringing it home and ends tax breaks for corporations that ship the jobs offshore. an energy policy that utilizes the great energy capacity of this nation, everything from conservation and wind and solar and indeed the petroleum produc
tax money to buy american-made. think back on jefferson who told his treasury secretary, give me a plan for the next century. the 18 hub's -- the 1800's. an economic development plan. and teddy roosevelt and then franklin roosevelt. eisenhower. men of vision, leaders of vision that were willing to step forward, willing to use the resources of this nation, collecting those resources and dispensing those resources across the nation, to build the foundation for economic growth. the make it in...
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Dec 5, 2013
12/13
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taxes, raise the cost for everybody else. if you just track down deadbeat taxpayers, people hiding their money overseas, you could actually cover the cost. so, our plan pays for one year of unemployment compensation. downg the government set to shutdown, this economy lost unnecessary,or an shameful action. the cost of providing compensation for the next year, 24 billion dollars. we do pay for it. theay for it by making sure deadbeats and people trying to hide their money pay their share of taxes. >> you seem to have an array of questions. turn to ourto ranking member on the appropriations committee for her .iew >> thank you, madam leader. i will just mention a few things. number one, it is very clear from chairman rogers and all of the 12 cardinals, chairs of the , theyriations committee have issued a statement. they have discussed the process more than once. they have made it clear they don't want to continue -- want a continuing resolution. they want to have a budget that is workable. i mention this because my colleague tal
taxes, raise the cost for everybody else. if you just track down deadbeat taxpayers, people hiding their money overseas, you could actually cover the cost. so, our plan pays for one year of unemployment compensation. downg the government set to shutdown, this economy lost unnecessary,or an shameful action. the cost of providing compensation for the next year, 24 billion dollars. we do pay for it. theay for it by making sure deadbeats and people trying to hide their money pay their share of...
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Dec 2, 2013
12/13
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WUSA
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the city estimates over the next four years, they will take in $3.4 million in sales tax revenue. >> you can take this truck anywhere in the neighborhood. anywhere in the community, anywhere in the city. >> i think they are excellent. yeah. this is a little pricey, but -- >> some of the customers are not yet sold on the food truck lottery. they missed some of the trucks that did not participate or win the most coveted site. >> the only thing we can see here is reduced joyce for consumers. and so i'm concerned about the opportunities for citizens that, you know, choose where they want to eat. >> what would you like to see added? >> more comfort foods. >> more comfort food. >> yeah, soup, stews. >> a new lottery is held every month. trucks and locations are certain to change. bruce johnson, wusa9. >> the eight assigned food truck spaces are at franklin square, gw university, lafont plaza, metro center, union station, and the virginia avenue side of the state department. >>> a couple water main breaks made it difficult. the larger one happened here in northeast d.c. and that is a major
the city estimates over the next four years, they will take in $3.4 million in sales tax revenue. >> you can take this truck anywhere in the neighborhood. anywhere in the community, anywhere in the city. >> i think they are excellent. yeah. this is a little pricey, but -- >> some of the customers are not yet sold on the food truck lottery. they missed some of the trucks that did not participate or win the most coveted site. >> the only thing we can see here is reduced...
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Dec 9, 2013
12/13
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MSNBCW
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how are you with taxes? [ laughs ] [ counselor ] and for even more cleaning power, try cascade platinum. >>> the clock is ticking for a dozen activists holding fasts on the national mall to push for immigration reform. those fasters are trying to press the house to take up immigration legislation this year but the house is only in for four more days and prospects are dim with speaker boehner not backing off from his statement that he won't take up the bill passed by the senate before the end of the year. let me bring in congressman mark takano, democrat from california, who held a 24-hour fast last friday in saurolid ar with the activists and eliseo medina. eliso, you were one of four activists who went 22 days without eating. why? and are you seeing any indication that it's having an impact? >> well, chris, the reason we went on this fast is because we wanted to call attention of the american people and of the congress to the moral crisis facing our nation. you know, every year 460 something odd people die
how are you with taxes? [ laughs ] [ counselor ] and for even more cleaning power, try cascade platinum. >>> the clock is ticking for a dozen activists holding fasts on the national mall to push for immigration reform. those fasters are trying to press the house to take up immigration legislation this year but the house is only in for four more days and prospects are dim with speaker boehner not backing off from his statement that he won't take up the bill passed by the senate before...
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Dec 6, 2013
12/13
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. >> i owned restaurants and i pay taxes on it. it causes unemployment. >> what do you say to people who lose jobs? >> listen to me. >> that doesn't help. minimum wage has nothing to do with it. >> the increase is 5% in the last 35 years. this is not america. >> we have already doubled. >> this is america. i'm proud of my country. >> we have doubled the number of people on food stamps. >> you are against filibusters. >> here's the problem. what is jamu going to say to people who lose the jobs? >> section 8 housing, food stamps. >> when you pay a minimum wage -- >> no, raise the cost of products and people buy fewer. >> people on a poverty wage, they have to get food stamps. they have to be on medicaid. >> there will be fewer people employed. sean hannity, go to mcdonald's, wendy's and say who in line the to buy hamburger wants to pay additional money for it? it will raise the price of the burger. >> you will lower the amount of people on food stamps. you will lower -- >> you're making it up. >> this is a fact. >> you're not looking
. >> i owned restaurants and i pay taxes on it. it causes unemployment. >> what do you say to people who lose jobs? >> listen to me. >> that doesn't help. minimum wage has nothing to do with it. >> the increase is 5% in the last 35 years. this is not america. >> we have already doubled. >> this is america. i'm proud of my country. >> we have doubled the number of people on food stamps. >> you are against filibusters. >> here's the...
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you undercover inside the markets smugglers are making big money taking advantage of the cigarette tax and then selling them at a higher price in other states. at today's hearing leaders will recommend a study that could turn enforcement to the alcohol beverage control department. 5 5:04 now. heads up if you are parking along the d.c. street car corridor in northeast d.c. police will begin ticketing drivers who are not parking properly. this is happening along "h" street from union station to benning road in northeast. transportation reporter add ak tuss is live. >> reporter: as if it isn't hard enough to park all across the city, now we have to relearn how to park in this section of the city. see this white line here? all the cars have to be behind this white line on "h" street because, yeah, the street car tracks are right there and you need enough clearance to let the street cars go through. now it's important to note that street cars have not started running here yet but the testing process is expect ed to start i the coming weeks. ddot leaders starting this ticket i ticketing and
you undercover inside the markets smugglers are making big money taking advantage of the cigarette tax and then selling them at a higher price in other states. at today's hearing leaders will recommend a study that could turn enforcement to the alcohol beverage control department. 5 5:04 now. heads up if you are parking along the d.c. street car corridor in northeast d.c. police will begin ticketing drivers who are not parking properly. this is happening along "h" street from union...
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benefits now of food trucks are going to come to customers and, you know, the city is going to recognize tax revenue and permanent revenue. it worked out well with respect to the restaurants as well. we are very pleased that it has happened the way it has. >> truck that is don't participate in the lottery can sell food on district streets but they have to stay at least 200 feet away from the designated locations and pay the parking meter fees. cars will also be ticketed if they park in a vendors reserved spot. >>> up in the sky, changes could be coming to the city's skyline. monday, a congressional hearing takes place about updating the district's building height law that has been around for more than 100 years. it requires buildings to be no taller than the streets they are facing. officials want to allow taller buildings for the growth going on downtown. the planning commission voted for no major changes. >> interesting. looking up today, all we saw, clouds. >> clouds, but -- >> no rain or anything. >> no, no, no. we are not going have big storms, either. up, down, up, down. this week, we
benefits now of food trucks are going to come to customers and, you know, the city is going to recognize tax revenue and permanent revenue. it worked out well with respect to the restaurants as well. we are very pleased that it has happened the way it has. >> truck that is don't participate in the lottery can sell food on district streets but they have to stay at least 200 feet away from the designated locations and pay the parking meter fees. cars will also be ticketed if they park in a...
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Dec 3, 2013
12/13
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what about tax reform. they always talk about it. immigration reform. that farm bill is already two years overdue. with all this unfinished business, what are they doing? let me give you a hint. according to "the washington post" only five days are planned in december when the house and the senate will both be in washington. just five days for senators and members of congress to work together and actually solve problems. they don't operate in a vacuum. they can't get work done if they're not both working together or even working. that is a fact. now, that's not to say some are not working. it's the institution that's the problem. the institution has a lousy work ethic. as long as we are content to be the enablers, you and me, it'll get worse. my view, time's up. either they stay in washington for a full month of work in december and prove they really care, or they should be voted out. no questions asked. and regardless of party. if you don't want to work. just go. that's my off the record comment tonight. if you have an important story or issue you thin
what about tax reform. they always talk about it. immigration reform. that farm bill is already two years overdue. with all this unfinished business, what are they doing? let me give you a hint. according to "the washington post" only five days are planned in december when the house and the senate will both be in washington. just five days for senators and members of congress to work together and actually solve problems. they don't operate in a vacuum. they can't get work done if...
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. >> it's a hidden tax. they are paying because shoplifting is ongoing. >> it doesn't mean due process should be taken away. >> reporter: he chairs the consumer affairs committee. stores have a right to sue. charging a fine while he or she is being held captive is an overreach, even if there's evidence of theft. >> certainly doesn't mean any individual should be extorted. no one should have to pay money on the spot because a store has taken them into custody. >> macy's didn't share a written policy they have for detaining shoplifters or demanding on the spot payment, however they told nbc new york staff is prohibits from using coercioerciocoercion. >>> a warhol painting of kim kardashian may come true. he made a deal with monica warhol. she's making the painting happen like her famous cousin, she makes silkscreen works from photographs. when asked about painting kardashian, she said she's famous for nothing, andy would have loved her. >>> a puppy learned a hard lesson about chasing squirrels. the pipe was sm
. >> it's a hidden tax. they are paying because shoplifting is ongoing. >> it doesn't mean due process should be taken away. >> reporter: he chairs the consumer affairs committee. stores have a right to sue. charging a fine while he or she is being held captive is an overreach, even if there's evidence of theft. >> certainly doesn't mean any individual should be extorted. no one should have to pay money on the spot because a store has taken them into custody. >>...
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Dec 8, 2013
12/13
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and then taxed again and just pray that my tenacity would get me there. the anxiety level, i can't even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. what it does to you emotionally and psychologically, you feel like hester prenn with the letter "a" when you're jobless very long. you soon become a member of the lost world. people look at you when you don't have a job yet like there's something wrong with you. that's where i would have been. >> thank you. >> i have no questions, but i would like to let you all know that for a period of about three months, i was unemployed -- this was back many years ago. it was really during, between school -- it was summer break. i'm used to working and i could not find a job that summer, the whole summer. i can't tell you how -- i can tell you but i'm sure your feelings about being unemployed and searching for work and being unable to find anything, the effect that has on you mentally is just very -- yo
and then taxed again and just pray that my tenacity would get me there. the anxiety level, i can't even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. what it does to you emotionally and psychologically, you feel like hester prenn with the letter "a" when you're jobless very long. you soon become a member of the lost world. people look at you when you don't have a job...
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Dec 5, 2013
12/13
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the payroll tax taxes going in and spending going out as a whole is $300 billion. that's a gaping cash flow deficit. we get 10,000 new beneficiaries every day. in the absence of reforms for people to get the care they need and deserve and do it at a slower cost growth this program will fall under its own financial weight. >> numbers really matter and for the secretary to affirm $500 billion, that is really not chump change in the big picture of healthcare cost. i'm getting comments from constituents in my district who medicare advantage folks benefits are being reduced, they are losing access to their preferred physicians under the current system right now. again, back to doug, my question is how much worse can this get for my seniors who on the for medicare advantage? >> again, if the strategy for controlling cost is this traditional one of just cutting provider reimbursements, it will backfire. we have seen again and again that reproach without reforms and without an approach that gives you the prevention and coordination and better care, congress has to put the
the payroll tax taxes going in and spending going out as a whole is $300 billion. that's a gaping cash flow deficit. we get 10,000 new beneficiaries every day. in the absence of reforms for people to get the care they need and deserve and do it at a slower cost growth this program will fall under its own financial weight. >> numbers really matter and for the secretary to affirm $500 billion, that is really not chump change in the big picture of healthcare cost. i'm getting comments from...
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when you get a rebate do you get charged tax on the original or discounted price? is it worth getting the l.e.d. lights? we have that answer at 5:00. >> all right. we want to know the answers. thanks, liz. barbara? >>> coming up, eating healthy doesn't just take self-control, it's pricier. we have the number on the cost of eating healthy. >>> parts of the country getting slammed by the inter storm system. creating treacherous conditions. we have a live report from arkansas. veronica, what does the weather look like in our area? >> for us, rain tonight. a winter type weekend with icy travel likely. how much ice and how will it impact your sunday drive and monday morning >>> a shocking police involved crash is just in. let's go to scott macfarlane at the live desk. >> this is powerful video. the person involved is not seriously hurt. san diego, a san diego sheriff squad making a left turn and slamming into that woman on a mobility scooter. the woman's bag knocked to the ground. fortunately, she's expected to be fine. witnesses tell our sister station in san diego the
when you get a rebate do you get charged tax on the original or discounted price? is it worth getting the l.e.d. lights? we have that answer at 5:00. >> all right. we want to know the answers. thanks, liz. barbara? >>> coming up, eating healthy doesn't just take self-control, it's pricier. we have the number on the cost of eating healthy. >>> parts of the country getting slammed by the inter storm system. creating treacherous conditions. we have a live report from...
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Dec 10, 2013
12/13
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KPIX
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had failed, it would have cost $1.9 million jobs and more than $39 billion in tax revenue. >> pelley: but anthony, you have to wonder, if the government had waited, would taxpayers have lost less? would the stock have gone up? >> reporter: the stock is at its high of the year, scott, that's one thing to consider. the other major reason the government did this is they made a pledge earlier this year they intended to be out of general motors by the beginning of next year. >> pelley: and so they are. anthony, thanks very much. there is more snow coming to places still recovering from that weekend storm. at least 14 people have been killed. on interstate 81 in maryland, traffic got tangled in the snow today. more than 1,600 flights were canceled. 32,000 homes and businesses are without power tonight. the next round of snow will stretch from the appalachians to new england. here's jeff pegues. >> reporter: across the east coast today, the storm moved out and the utility companies marched in. carl neddenien is with dominion power in richmond, virginia. >> the tree limbs that have been weigh
had failed, it would have cost $1.9 million jobs and more than $39 billion in tax revenue. >> pelley: but anthony, you have to wonder, if the government had waited, would taxpayers have lost less? would the stock have gone up? >> reporter: the stock is at its high of the year, scott, that's one thing to consider. the other major reason the government did this is they made a pledge earlier this year they intended to be out of general motors by the beginning of next year. >>...
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. $15 an hour, tax the rich, you must have health insurance or else. here is my take on the command economy. that's what it is. the left quarterbacked by president obama is trying to command the return of prosperity, command fairness, with an of a magic wand and command the economy to obey the white house. look at the $15 an hour movement. they want to legislate wages. it's not what you bring to the wage table, it's what politicians decree you should be paying, that's a command. look at the tax the rich idea. and that's an attempt to command income equality. wave that wand, make them pay, even more, and they tell you we will be all more equal. really? and how has that been going for the las five years. and then obamacare, perhaps the new motherload of the command economy, you shall have health insurance. you will give us your personal information, and stop whining if we lose it. you had enough of this yet? you see, it doesn't work. command economies do not produce widespread prosperity. they do not produce fairness, it is the politically connected to w
. $15 an hour, tax the rich, you must have health insurance or else. here is my take on the command economy. that's what it is. the left quarterbacked by president obama is trying to command the return of prosperity, command fairness, with an of a magic wand and command the economy to obey the white house. look at the $15 an hour movement. they want to legislate wages. it's not what you bring to the wage table, it's what politicians decree you should be paying, that's a command. look at the tax...
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taxes and health care. it made no difference. >> if you do -- i know you don't -- but you know that obama care's at 57%. >> forget it. >> if that was the issue, it was just obama care, you wouldn't have gotten 51%. but what elected -- what spawned the tea party, what spawned that 2010 route was the way the democrats passed obama care where you took 20% of the economy without a single republican vote. you even lost ted kennedy's seat in the process as it was happening, had to do reconciliation. it was ugly, that's why we're sitting here in this poisonous atmosphere. and look what we're dealing with with obama care. do you think you should have done it that way? >> but the fact of the matter is, we were also in the deepest recession anyone here has experienced. >> can i ask one question? >> which leads to anger and fear and reaction against all of those that they felt responsible had to put them in that trick bag. >> we are up against a hard break with the commercial. but, leader, would you stay for the next
taxes and health care. it made no difference. >> if you do -- i know you don't -- but you know that obama care's at 57%. >> forget it. >> if that was the issue, it was just obama care, you wouldn't have gotten 51%. but what elected -- what spawned the tea party, what spawned that 2010 route was the way the democrats passed obama care where you took 20% of the economy without a single republican vote. you even lost ted kennedy's seat in the process as it was happening, had to...
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Dec 6, 2013
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we would suggest doing that with respect to a number of higher education programs, loans, grants, tax benefits outside the pell grant. let states do what they think is best in order achieve the type of outcome they have in indiana. imagine being able to stay to an eighth grade student. it you are responsible and work hard in high school. we'll guarantee you can go to a four--- a college public college of your choice within the your state at very least without incurring any new debt. that type of promise is possible. students who have the talent, desire, and drive to pursue the post secondary education should be able to do so without being hindered by the ability to pay. i think it's right today. thank you. recognized for five minutes. >> i am pleased to be here today to present this testimony on behalf of my institution. on behalf of the 17 -- and the nearly 6,000 pell grant recipients we're currently serving, we are happy to engage with the committee on how we can improve the pell grant program especially in the area of increased flexibility for nontraditional students encouraging co
we would suggest doing that with respect to a number of higher education programs, loans, grants, tax benefits outside the pell grant. let states do what they think is best in order achieve the type of outcome they have in indiana. imagine being able to stay to an eighth grade student. it you are responsible and work hard in high school. we'll guarantee you can go to a four--- a college public college of your choice within the your state at very least without incurring any new debt. that type...